Rowan Multifamily Advisors is pleased to announce the exclusive listing of The Graduate Apartments in Denton, Texas. The Graduate is a 28-unit apartment community strategically located less than one mile from the University of North Texas. The property’s walkable location to campus, combined with recent interior and exterior renovations, as well an all-bills paid operating model, positions it to benefit from consistent student and workforce housing demand. The Graduate offers investors a well-located asset supported by the University’s continued enrollment growth and Denton’s expanding economy.
• Turnkey renovated asset
• Strong student and workforce housing demand drivers
• Significant upside through reducing unusually high utility expenses
• Potential implementation of RUBS or utility recapture strategies
• Opportunity to add technology package revenue
• Professional third-party management upside
• Rental growth potential due to irreplaceable campus-adjacent location
• Operational efficiencies from transitioning away from owner management